Resolute Forest Products Inc

NYSE:RFP  
13.25
-1.07 (-7.47%)
Earnings Announcements

Resolute Announces Indefinite Idling Of Pulp And Paper Operations At Calhoun, TN Mill

Published: 12/16/2021 13:22 GMT
Resolute Forest Products Inc (RFP) - Resolute Announces Indefinite Idling of Pulp and Paper Operations at Calhoun, Tn Mill.
Resolute Forest Products Inc - Indefinite Idling of Pulp and Paper Operations at Its Calhoun (tennessee) Mill.
Resolute Forest Products Inc - Tissue Manufacturing and Converting Will Continue at Site and Adjacent Distribution Center Will Remain in Full Operation.
Resolute Forest Products Inc - Anticipates That Decision Will Directly Affect 350 Hourly and Salaried Positions at Calhoun Mill.
Resolute Forest Products Inc - Addition to These Financial Losses, Calhoun Mill Faced Additional Significant Production Upsets in November and December.
Resolute Forest Products Inc - Expects to Record, in Q4, Non-cash Impairment and Accelerated Depreciation Charges of Approximately $135 Million.
Resolute Forest Products Inc - Company Also Estimates Cash Closure Costs of Approximately $45 Million.
Revenue is expected to be $856 Million
Adjusted EPS is expected to be $0.56

Next Quarter Revenue Guidance is expected to be $986 Million
Next Quarter EPS Guidance is expected to be $1.68

More details on our Analysts Page.